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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP) -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (3037)10/7/1998 12:43:00 PM
From: Alan Vennix  Read Replies (1) | Respond to of 3594
 
Chucau,

CHIP's PR today of their fiscal 1998 results:

biz.yahoo.com

From the PR:

"Griffin Gold Group, Inc. and Escopeta Minerals, Inc. have rights in certain mining claims or properties believed to contain precious metals. Desert Minerals, Inc., SWM Ventures, Inc., and Mohave Metals Corporation are refining and developing certain mineral extraction technologies. DMI Land, Inc. owns two tracts of land that are used as plant sites."

So, Mohave is a subsidiary, which would imply they have acquired the Mohave property. OTOH, Mohave is not listed in the category of "...certain mining claims or
properties believed to contain precious metals...", but rather in the category of "...are refining and developing certain mineral extraction technologies...." What does that mean, if anything? Don't know.

Alan